November Marks 117th-Straight Month Of Existing Home Price Increases
The National Association of Realtors (NAR) reported on Wednesday that November marked the 117th straight month of year-over-year increases in housing prices across the nation, the longest-running streak on record. Lawrence Yun, the NAR’s chief economist, cites “near record-low supply levels” and “labor shortages” as hindrances to the home sales market, which has seen prices rise. The …
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